TIANJIN: After the Spring Festival, traders reported that the imported lentils did not arrive in Hong Kong, the quantity of domestic lentils was small, the price was stable, and the export market was sluggish. The export market is challenging to improve, and domestic trade orders and imported lentils dominate the market. The domestic market is affected by imports of lentils from Canada and Turkey, making domestic lentils uncompetitive.
Export orders can not meet the production needs of exporters, and enterprises are in trouble. Most manufacturers conduct domestic and foreign trade at the same time. The domestic market is dominated by wholesalers, canneries and food factories, with traders relying on low-cost imported lentils to meet their production needs.
In terms of prices, farmers have no willingness to sell at low prices, and prices are stable. Traders predict that the market downturn will continue. Pay attention to the freight and price changes in the production area.
Current Market Price in China for Small Lentil
Product name | Chinese Small Lentils |
Colour | Green |
Quality | Grade A |
Purity | 99.5% |
Package | 25 kg PP bag |
Crop | 2020 |
MOQ | 22 Tons |
Price | Usd 1540-1570/mt |